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POPSThe CEO Wants His Chair A move like this is important in any board's effort to remain independent of a company's senior management. The directors are the police. The separation of CEO and chairman roles eliminates questionable bias.
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POPSStill No CEO Whoever the next CEO, he had better bring big ideas to the table. It's going to take more than Vin Diesel's name on the cover to boost sales, especially in the wake of Grand Theft Auto IV.
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POPSHad to See This Comin' Some analysts saw a Circuit City buyout on the horizon, but were thinking it would be from private money, not a Blockbuster deal.
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POPSGame Time How is the next guy supposed to make Midway competitive with a fraction of the research and development budget that fuels the competition?
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POPSWin-Win for New E*Trade Chief In all likelihood, E*Trade's stock price is going to climb enough as business improves to levels where Layton will be smiling and if it turns out that the company is sold, it's a huge windfall for him. He end up being one of the wealthiest guy getting 10% of a paycheck.
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POPSFirst Take Two, Now Circuity City? This scenario could bear many of the same qualtiies as the Take Two board ouster in March 2007. Boardroom changes made, competitor makes bid for the weakened company within a year.
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POPSTwo months paid vacation! The Family and Medical Leave Act is necessary, but needs adjustment so business leaders can be shown the same respect they show their employees.
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POPSThanks, pal It's not purely the fault of leadership in this case, but it is certainly the responsibility of SocGen management to fix the problem. In times like this, unfortunately, everyone else suffers...for now. Thanks, Jerome.
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POPSSchulz on SBUX drinking...itself. Market saturation? According to the Starbucks location search feature on the company site, there are 60 Starbucks on Manhattan, about a 23-square-mile area. Even still, they're all packed.
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POPSCircuit City: Kudos, Prediction Kudos: It's refreshing to see a chief admit fault at least on the part of the company, though he did say, "primarily self-induced." Prediction: Look for a Circuit City buyout in the first half of 2008, if not new leadership. Someone will save them since they can't seem to do it themselves.
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POPSNobody as good as Mack at Morgan? There are innumerable lessons to take from this disaster at Morgan Stanley. In all that, consider this about the firm's leadership -- Mack could keep his job because of a lack of talent on Wall Street. Time for a succession plan, boys.
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POPSD.R. Horton bosses actually get bonuses? Nervy (adj.) Nur-vee -- putting almost a third of the company workforce out of the job then accepting a year-end bonus that's a healthy fraction of their combined salaries in the face of possible economic recession.
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POPSCEOs get it right in '08 As in any aspect of businesss, it's not so much about winning as it is minimizing the losses. Oh, and when you win, make sure you win big. People only remember big. Let's hope for better decision-makers next year and leave the big losses, the ones we'll always remember, behind us.